Vantage FX Review

Overview

VantageFX is an award-winning ECN forex broker based in Australia . Their mother company is Vantage FX Pty Ltd (ACAN 140 903 886) and they are regulated by the Australian Securities and Investment Commission (ASIC) under AFSL No 428901.They aim to bring the best quality of order execution, low spreads and customer service to the niche target market in Australia, China, Thailand, Malaysia, Vietnam and Indonesia.

What is Vantage FX ?

VantageFX isan award-winning ECN forex broker based in Australia . Their mother company is Vantage FX Pty Ltd (ACAN 140 903 886) and they are regulated by the Australian Securities and Investment Commission (ASIC) under AFSL No 428901.

Since inception, Vantage FX has primarily focused on providing traders access to the global foreign exchange market via their relationship with top tier banking partners and liquidity providers.

They aim to bring the best quality of order execution, low spreads and customer service to the niche target market in Australia, China, Thailand, Malaysia, Vietnam and Indonesia.

Types of Accounts / Demo : 100/100

In both accounts traders can enjoy the same range of assets to trade ( 70 currencies, 10 indices, 15 commodities and 6 cryptocurrencies ) , platform choices ( MT4 and MT5, WebTrader and mobile app ) and leverage ( up to 500:1 ).

The main differences between these 2 type of accounts is the commission, spreads and minimum deposit.

Demo Account

Also you can get an unlimited FREE DEMO account for Metatrader 4 and Metatrader 5 , where you can practise trading forex as long as you want.

Islamic Account

For all those traders who follows the Islamic faith, VantageFX can provide them a FX ISLAMIC ACCOUNT, where they will not be charged daily swaps, and it’s fully compliant with Sharia Law. They are one of the few brokers who have a certificate of Sharia compliance by by Sheikh Hasan Qamra – Chairman of the Sharia Supervisory Board.

Assets Offered for Trading: 100/100

They offer a wide range of assets to trade including 70 currencies, 10 indices , 7 commodities and 6 cryptocurrencies.

Under commodities, they have the largest collection of assets compared to other forex brokers. They have almost covered all major commodities, including Oil, Gold, Silver, Platinum, Cocoa, Cotton Coffee, and Sugar.

Trade Cryptocurrencies CFDs

We were delighted to find that Vantage FX did not forget to include the most popular cryptocurrencies to trade including Bitcoin, Ethereum, Bitcoin Cash, Dashcoin, Litecoin, and Ripple.

Minimum Deposit & Spreads: 90/100

It is rather easy to start forex trading with Vantage FX, as they only require a $200 minimum deposit if you choose a Standard STP account or $500 for a RAW ECN account ( Recommended ).

Vantage FX is currently offering one of the lowest forex spreads as low as 0.0 pips on FX Raw ECN accounts, and 1.o pips on STP accounts.

Bonuses & Promotions: 100/100

Get up to 50%Deposit Bonuswith a minimum deposit of $500*

Earn up to 8,88% Cash Bonus on your FX trading account balance* . But, to avail this offer, customers must execute a certain amount of trades per month.

They also accept popular e-wallet services like Skrill , Neteller and Fasapay . Besides, there is an option to fund your account via broker to broker transfer.

This platform don’t charge fees for deposits or withdrawals.

Customer support : 95/100

Vantage FX primarily serves the Australian market and they offer customer service over phone and email. You can reach their customer service via email at support@vantagefx.com

For more immediate need, you can call their customer support at 1300 945 517 during office hour during the work week (Monday to Friday).

Thet only provide support in English , Chinese, Spanish, Malay, Indonesian and Thai.

Vantage FX review: Summary : 98/100

Vantage FX has introduced something unique with their RAW ECN account, which is mainly designed to offer professional and institutional traders a chance to sit at the table with larger players in the market.

By offering 0.00 spreads on select pairs, this platform has revolutionized Forex trading in Australia as traders can now develop new trading strategies that can discount the cost of transaction in terms of added spreads from the brokers.

However, for beginner traders who try to capture larger swing moves in the market, Vantage FX still offers the Standard STP account that requires a nominal minimum deposit and traders can start trading immediately by making an instant deposit via credit cards.

If you are looking for a regulated Forex broker in Australia who are constantly working to bring the best trading experience to clients, Vantage FX should be your first choice.

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The information contained within BinaryOptions.auz.net is only provided as general market commentary, and it's for general information and educational purposes only, and it should not be considered financial advice under the Financial Services and Markets Act 2000. We are not authorized to provide advice on investing and related matters by email, phone or through our site , and by accessing and using this Site you agree to hold us 100% harmless for any problems or losses if you signup and trade with a broker. Read Full Disclaimer

Risk Warning

Trading in Financial instruments always holds an element of risk and it´s not recommended for all investors or traders ( visit ASIC’s consumer website at www.fido.gov.au for general guidance about investing).
Before deciding to trade foreign exchange you should evaluate your investment goals, your experience and risk propensity.
You need to know there is a chance that you can lost some or all of your initial investment therefore you should avoid to invest money that you cannot afford to lose.

Australia & New Zealand: Regulation Notice

Australia & New Zealand:
Some of binary options brokers or trading platforms listed on our site are not regulated within Australia or New Zealand with any of the regulatory agencies such as ASIC (Australia ) or FSPR ( New Zealand ) or any Regulatory Body, and not necessary complying with applicable australian or new zealand regulatory requirements and may be engaging in illegal activity. Trade at your own risk. Read Full Disclaimer

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